THE cost of a colour television licence will rise by £3 to £142.50 from April 1, the Department for Culture, Media and Sport said today.

Black and white only licences will also go up by £1 from £47 to £48, it was confirmed.

The current cost of a basic colour TV licence is £139.50.

The increase was being brought into effect by an order laid in the House of Commons today.

It follows the six-year BBC funding settlement which began in April 2007.

The licence fee increase was set at 3% for the first two years of the settlement and 2% in years three, four and five. This year is year three.

The settlement will help support the digital switchover in 2012.